Suzhou Kingswood Education Technology Co.,Ltd.’s Net Profit Rose 98.3% in First Half of 2023

Suzhou Kingswood Education Technology Co.,Ltd. (苏州科德教育科技股份有限公司) (300192.SZ) reported a net profit of 55.9 million yuan in the first half of 2023, up 98.3% year-on-year.

Meanwhile, the company posted 356.6 million yuan in revenue, down 8.5% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 281 million yuan in total liabilities, with a liability-to-asset ratio of 26.1%.